Well it seems that the big headline today in U.S. international commerce is a new proposed free trade deal between the U.S. and the evil socialist European states. I don’t understand though how America cannot see that its desire for more free trade is inconsistent with FATCA.
Why should U.S. goods be able to move freely around the world while U.S. persons and their capital are forbidden to leave the homeland. And if they should have the temerity to leave anyway then they are punished for doing so. More importantly is it possible for U.S. goods to move around the world if U.S. persons aren’t allowed to accompany them?